1.2 Millionen € - Meine NEUE Wohnung in Dubai! (Renovierungen + Roomtour)

Summary

In this video, Florian takes viewers on a journey through his newly acquired apartment in Dubai, purchased for 4.375 million dirhams. He shares insights on the property's size, views, and the renovation plans needed to elevate the space, including electrical upgrades, modernizing the kitchen, and creating a smarter living environment. Florian discusses his approach to the renovation, including his choice of materials, design, and strategic investment in the property’s potential. He also touches on his broader investment strategy in Dubai, providing practical advice for those interested in the market and offering a free Dubai investment calculator for aspiring investors.

Takeaways

• 😀 The speaker has invested 4.375 million dirhams (approx. 1.1 million Euros) in a property in Dubai, primarily due to its size and stunning view.
• 😀 Despite the significant investment, the property still requires renovation, including electrical checkups, upgrades, and replacement of old fixtures.
• 😀 The speaker plans to upgrade the kitchen, including replacing an outdated window with an open kitchen island, and installing a new kitchen due to wear and tear.
• 😀 A primary renovation plan includes upgrading the flooring, replacing cheap tiles with marble, and ensuring that all electrical work is updated for safety and functionality.
• 😀 The apartment layout includes three bedrooms, a nanny room, three bathrooms, and a small WC, with plans to renovate these spaces, including the addition of a smart home system.
• 😀 The speaker intends to transform one of the bathrooms into a fun space for a child, with a playful design and colorful tiles.
• 😀 Smart home technology will be updated, with a focus on practical solutions such as smart locks and simpler devices, as the speaker feels previous smart tech was unreliable.
• 😀 A significant portion of the renovation budget will go into making the property more modern and functional, including repainting doors, changing door handles, and reworking built-in wardrobes.
• 😀 The project includes upgrading the entire building, with plans for additional luxury amenities like a salt grotto, massage area, and swimming pool.
• 😀 The speaker emphasizes the importance of investing in the right location, noting the potential of the Dubai marina and surrounding areas, which will see major development by 2040.
• 😀 Additional investment plans include the construction of a drone airport near the property, which could significantly increase the value of the apartment and provide future convenience for transportation.

Q & A

What was the primary reason for the investment in the apartment in Dubai?

The primary reason for the investment was the size of the apartment and the outstanding view it offers. The view provided a unique 3D experience, particularly at night, which made it appealing.

How much did the apartment cost in total, including additional costs?

The total cost of the apartment was around 4.375 million dirhams, which is approximately 1.1 million euros. In addition, there were extra costs of about 6.1%, bringing the total to approximately 1.25 million euros.

What kind of renovation work is planned for the apartment?

The renovation work includes electrical checks and upgrades, replacing old switches, rewiring, and adjusting outlets. Additionally, the apartment needs new flooring, with marble flooring to be replaced by more uniform tiles, and updates to the kitchen and bathrooms.

Why is the electrical system in the apartment being upgraded?

The electrical system is being upgraded because the building is 14 years old, and the current system and outlets are outdated, including the use of English-style electrical formats.

What is the planned approach for the kitchen renovation?

The kitchen will undergo a major transformation. The plan is to remove the window and create an open kitchen island layout, replacing the old kitchen with a modern design.

How will the apartment’s smart home system be updated?

The smart home system will be overhauled. The existing system is outdated and unreliable, so it will be replaced with more functional technology, including smart locks to improve convenience, especially for the resident's family.

What are the plans for the apartment’s bathrooms?

The bathrooms will undergo significant renovations. The first step is to replace the existing bathtubs with showers in most bathrooms. One bathroom will be designed as a fun, colorful space for a child, while the master bathroom will also be updated with modern fixtures.

What unique feature does the apartment offer compared to other buildings in the area?

A unique feature of the apartment is that it offers direct views from every room, which is rare in Dubai buildings. This makes the apartment especially attractive.

What additional features are being added to the tower where the apartment is located?

The tower is undergoing upgrades, including the addition of a luxury spa area with a swimming pool, salt grotto, massage area, and jacuzzi. Furthermore, the building will have more green spaces, a new security system, and an enhanced entrance.

How does the proximity to a future drone airport affect the investment?

The proximity to the planned drone airport adds value to the investment. The airport is expected to be completed by 2026, and being near it will provide easy access to eco-friendly transport, such as e-scooters, making the apartment highly convenient and potentially more valuable in the future.